#2026/411The Contracts for Difference (Sustainable Industry Rewards and Contract Budget Notice Amendments) Regulations 2026
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
This regulation updates how the UK government allocates budget for Contracts for Difference (CfD) to support sustainable industry rewards. It allows for more flexible budgeting to encourage the use of sustainable practices in generating electricity. The changes affect eligible electricity generators applying for CfD under new rules that apply until 2028.
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Key Changes
- Introduces flexible budgeting for sustainable industry rewards within CfD scheme.
- Sets deadlines for opening application windows and budget announcements before 2028.
- Allows for consideration of unforeseeable circumstances affecting financial minimum standards.
Obligations
What this law requires
Eligible generators must submit a sustainable industry reward application to the Secretary of State if required or permitted by a sustainable industry reward allocation framework.
Each eligible generator must provide a copy of a sustainable industry reward statement that applies to the relevant CFD unit in respect of the allocation round, if required by the contract allocation framework.
The Secretary of State must publish the sustainable industry reward budget notice by the day before a notice under regulation 28C that includes a sustainable industry reward statement is given.
The Secretary of State must provide notice of any amendments made to the sustainable industry reward statement to the applicant and the CFD counterparty within 10 working days of the notification date.
The delivery body must inform the Secretary of State when it gives the final CFD notification for an allocation round.